Summary |
How to Understand Business Finance explains the concepts and translates the jargon of this often confusing subject. Using a unique business simulation it takes you through the set-up and initial trading of a company, explaining:
• The balance sheet
• Profit and loss accounts
• Fixed and variable costs
• The break-even analysis
• How to value a company
• Budgeting and forecasting
• Shareholder value and economic profit
• Depreciation and amortization
• How to manage working capital
With an extensive glossary explaining all the key terms, How to Understand Business Finance is an essential primer for non-financial managers and students everywhere.
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